/KASE, April 4, 2023/ – KEGOC JSC (Astana), whose securities are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the
following press release:
KEGOC's green bonds were listed on the Kazakhstan Stock Exchange JSC (KASE)
trading floor on March 30, 2023, with a total value of KZT 16.9 billion
and an average weighted yield to maturity of 19.51% per annum.
The securities were placed as part of the second issue of bonds of the second
bond programme of KEGOC with a maturity date of up to 2037. The 84.8%
demand-to-offer ratio shows increased investor interest in KEGOC's green
bonds. The investors were the Development Bank of Kazakhstan JSC and the
European Bank for Reconstruction and Development (EBRD).
As part of the green bond issue KEGOC received an external assessment
(Second Party Opinion) from the AIFC Green Finance Centre on compliance with
the ICMA green bonds principles.
The raised funds will be used for funding the implementation of 'Rehabilitation
of 220-500 kV OHTL at KEGOC branches' and 'West Kazakhstan Electricity
Transmission Reinforcement Project. Construction of Power Grid Facilities'.
The complete press release (in Kazakh and Russian) is available on